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Earning Money By Staking Crypto Tokens On Proof-Of-Stake Blockchains: How It Works
Sunday, July 17, 2022 - 9:22am | 774With the crypto markets in a clear consolidation phase and prices of leading cryptocurrencies correcting significantly from their all-time highs (ATH), many long-term crypto investors are looking at earning additional revenue from their crypto holdings. Staking crypto tokens offers one such avenue...
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EXCLUSIVE: Kevin O'Leary Says 'Idiots' Are Holding Crypto Back, But Regulation Can Bolster Bitcoin Value
Thursday, July 14, 2022 - 10:50am | 859Bitcoin (CRYPTO: BTC), the world’s largest — and first — decentralized cryptocurrency, will quadruple in value if the sector gets regulated, according to Shark Tank's Kevin O'Leary in an exclusive interview with Benzinga. O'Leary, a renowned capital investor and...
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EXCLUSIVE: Short Seller Andrew Left Says The Idea Of Decentralization Is The 'Stupidest Thing Ever'
Wednesday, July 13, 2022 - 4:46pm | 544Andrew Left, founder of Citron Research says the idea of decentralization, where power is shifted from the hands of centralized entities is the “stupidest thing ever” and pointed out that the only utility Bitcoin has is that it is a collective consciousness of people, with people buying...
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Online Brokerage Firm M1 To Launches Crypto Trading Accounts
Tuesday, July 12, 2022 - 11:21am | 377Online brokerage firm M1 on Tuesday announced the launch of crypto trading accounts and services over the next few weeks, allowing users to invest in a personalized portfolio for the long term. The company’s CEO Brian Barnes said roughly half of its surveyed users had sought to use the...
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Failure Of Stablecoins Could Have Catastrophic Broader Financial Implications: ECB
Monday, July 11, 2022 - 3:48pm | 505Given that the largest stablecoins serve a critical function for crypto-asset markets’ liquidity, the failure of one of the largest stablecoins could have wide-ranging implications for crypto-asset markets and in turn contagion effects on the financial system, according to the European...
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Celsius Lost $350M Due to High-Risk Trading Strategies: Report
Friday, July 8, 2022 - 4:34pm | 267Crypto lending platform Celsius entrusted corporate funds worth around $530 million to asset manager Jason Stone who engaged in high-risk leveraged crypto trading strategies that resulted in a massive loss. According to a July 7 report from blockchain analytics firm Arkham Intelligence, these...
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Why Are Cryptocurrency Miners Such As Riot Blockchain, Marathon Digital Holdings Relocating?
Friday, July 8, 2022 - 4:14pm | 737As of Friday morning, cryptocurrency miners such as Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) have risen 16% and 5.4% respectively, moving in a positive direction away from recent lows. New York Legislation Update: New York lawmakers are now awaiting Gov....
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Bitcoin Mining Startup Compass Slashes Staff By 15% To 'Stay Agile'
Friday, July 8, 2022 - 1:02pm | 369Bitcoin mining company Compass is slashing its staff by 15% and reducing the salary of others by up to 50%. The company said the decision will enable Compass to stay agile and well-positioned in an evolving market, which has been beset by challenges and a recent crash. Compass said it grew too...
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Bitcoin Could Be The Greatest Bull Market In History: Bloomberg Analyst
Thursday, July 7, 2022 - 11:24am | 376Bitcoin (CRYPTO: BTC), the world’s largest digital currency by market capitalization, could be the greatest bull market in history at a relatively discounted price to start the second half of 2022. That's according to Bloomberg analyst Mike McGlone. With the Bloomberg Galaxy Crypto Index...
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83% Active Indian Traders Unhappy With 1% TDS: Here's How Many Sold Over 50% Of Their Portfolio
Tuesday, July 5, 2022 - 3:36pm | 497About 83% of traders believe that the government’s decision to levy 1% Tax Deducted at Source (TDS) on transactions involving digital assets has deterred their trading frequency, according to a survey. Also, around 24% of respondents are contemplating shifting their trading activities to...
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Two Charged For Attempting To Steal Millions Of Dollars In Bitcoin
Tuesday, June 28, 2022 - 5:31pm | 330Two men have been arrested in Virginia for allegedly trying to break into a Westchester County home to steal tens of millions of dollars in Bitcoin (CRYPTO: BTC), according to the U.S. Department of Justice. What Happened: According to the court documents, between May 18, 2020 and May 24...
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Bitcoin Bloodbath Getting Worse: Crypto Experts Say Mid-$20,000 Range May Be Next
Sunday, May 8, 2022 - 8:05am | 546Bitcoin (CRYPTO: BTC) has broken below $35,000. The price of BTC marked a low of $34,378.04 over the past 24 hours. Apart from a short selloff in January, Bitcoin’s price hasn’t been this low in 2022. The apex crypto remains above the key $29,000 level that was tested multiple...
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Doge Killer Shiba Inu Again Tops List Of Crypto Whales; $1.45B Worth Now Held by Top 1,000 Wallets
Saturday, April 9, 2022 - 5:35pm | 477As per the latest WhaleStats data, meme coin Shiba Inu (CRYPTO: SHIB) has topped the ETH whales holdings list. TOP RANKING: After Ethereum (CRYPTO: ETH) Shiba Inu is the biggest investment of these whales. The overall amount of SHIB hodled by the top 1,000 ETH wallets is worth a...
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NFT Auction House OpenSea Surpasses $1 Billion In Monthly Trading Volume
Sunday, August 22, 2021 - 3:50pm | 245The online nonfungible token (NFT) auction house OpenSea has surpassed $1 billion in monthly trading volume, according to data compiled by The Block. According to the report, the firm’s trading volume increased 286% from July to August. It has carried the majority of NFT monthly...
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Illegal Bitcoin Mine Discovered In UK At Suspected Cannabis Farm
Sunday, May 30, 2021 - 4:18pm | 511The Bitcoin (CRYPTO: BTC) mine was stealing thousands of pounds worth of electricity from the main supply, police said. What Happened: The West Midlands Police in central England, looking for a cannabis farm, has found an illegal bitcoin mine located in an industrial unit on...